Yesterday, Bollywood Hungama was one of the first websites to break the news that a Jamnagar court has sentenced Rajkumar Santoshi to jail for two years in a cheque bounce case. At the same time, the court also ordered the filmmaker to deposit double the amount that the filmmaker owed the complainant. The news spread like wild fire and many assumed that Rajkumar had gone behind bars already. Bollywood Hungama has learned that the acclaimed filmmaker has the right to file an appeal and thus save himself from going to jail.
The complainant, Ashok Lal, a resident of Jamnagar and the owner of Shreeji Shipping, had loaned Rajkumar Santoshi Rs. 1.10 crore in 2015 for a film. To repay the loan, Rajkumar gave Ashok Lal 11 cheques of Rs. 10 lakhs each. These cheques bounced in December 2016. The complainant at first tried to establish contact with the filmmaker over this matter. When he failed to do so, Ashok Lal filed the suit under the Negotiable Instruments Act.
Bollywood Hungama exclusively spoke to Piyush Bhojani, the advocate for Ashok Lal. Piyush confirmed that Rajkumar Santoshi was not present during the hearing on February 17. He also explained, “The maximum imprisonment in such negotiable cases is two years and the maximum fine is double the amount owed. Once the judgment is announced, the accused gets a period of 30 days to file an appeal. After filing the appeal, he has to deposit 20% of the amount. In other words, he’s bound to deposit Rs. 22 lakhs. If he fails to do so, he’ll be imprisoned.” He continued, “If we win after he files the appeal, he’ll go to the High Court where again, he’ll have to deposit 20% of the amount.”
Piyush Bhojani also revealed that this was not the first case against Rajkumar …read more
Disclaimer : This story is auto-aggregated by a computer program and has not been created or edited by FilmyFriday. Source:: BollywoodHungama
